Tax filing is sometimes, if not always, a fairly complicated process! For the majority of taxpayers, it is so easy to make mistakes and overlook possible credits and deductions. It simply cannot be taken for
What is life time capital gain exemption? Common purification and crystallization strategies.
Corporate reorganization technique that may allow you to take cash out of corporation without paying income taxes in Canada.
Many professionals can now incorporate their practices as professional corporations as per the provincial legislation. Professional Corporations are now becoming a very common structure since the majority of provinces have relevant professional regulations. Professional Corporations
QSBC allows its shareholders to claim Lifetime Capital Gain Exemption on the disposition of its shares.
Deemed disposition and departure tax for the owner-managers of Canadian Corporations.
How are cryptocurrency transactions reported to Canada Revenue Agency?
Blockchain technology, including Cryptocurrencies, are on the rise. What are the income tax implications and how to report them
The year 2020 is approaching an end! This is the time of the year when you should not forget important tax planning to best optimize your 2020 income taxes in Canada. We have compiled a
Property flipping is an increasingly common practice to buy a property and then reselling it for a quick profit. Property flipping also includes assignment sales a.k.a. shadow flipping. Shadow flipping is the sale of a property
